Millcreek Apartments
Zac Barber helped his client refinance his current debt on this well located Millcreek Apartment project. We were able to provide a loan with a great interest rate with a low cost process. This enabled the borrower to improve his cash flow at the property while maintaining his existing debt with a lower interest rate.
Salt Lake Self Storage
We helped provide this client with a 30 year amortization for this self storage property. We were also able to provide a one year forward rate lock on this transaction.
West Jordan Apartments
We helped a borrower refinance his multi-phase apartment project with Fannie Mae. ?We arranged atypical loan terms, 20 year term and 20 year amortization from Fannie Mae. We were also able to help provide a very large interest rate waiver from Fannie Mae. The waiver helped the borrower achieve a very low interest rate. ?
Northern Utah Self Storage
We provided financing for our clients large self-storage facility in Logan, Utah. We were able to provide a 30 year amortization and favorable loan terms.
Cedar City Apartments
We helped our borrower secure financing in tertiary market for an older apartment project. We were able to provide max leverage terms for our client. This property had recently fallen out of contract with a previous buyer. We helped our client move in and purchase it quickly.
South Jordan Apartments
We were able to help an existing client refinance their 55+ senior apartment community. BREC provided a 15 year term with 7 years interest only on a 30 year amortization.?
Northern Utah Self Storage
We were able to provide aggressive terms for our client for the financing of this self storage asset.
Brigham City Apartments
We were able to provide our client a 10 year term with a 30 year amortization for their refinance of this multifamily asset. We were also able to provide a very flexible prepayment provision allowing the client to prepay at anytime for 1% of the current loan balance. The interest rate and terms were very […]
14-Unit Apartment Property
The Multifamily team helped a client secure their first Agency (Freddie Mac Small Balance) loan in their portfolio. This loan was on the right on the cusp of qualifying for Agency financing and the underwriting process was extensive. Ultimately with copious cooperation from the borrower, we delivered higher loan proceeds at a lower interest rate […]
Saint George Apartments
Zac Barber financed this apartment project with a 15 year interest only loan. The loan was rate locked prior to stabilization. The subject is located in as smaller MSA. This loan was able to be completed with favorable terms due to the quality of the borrower and asset.